Nguyen Tien Linh (in red) opens the score for Vietnam at the 39th minute (Photo: VNA) Hanoi (VNA) - Vietnam thrashed Cambodia 3-0 in their final match in Group A of the ASEAN Football Federation (AFF) Suzuki Cup 2018 at Hanoi's Hang Day Stadium on November 24 evening. Korean head coach Park Hang-seo continued to make a surprise as he had somes changes to the team's formation and players compared to the team's previous matches. With solid defence and successful saves of the goalkeeper, the Cambodian side managed to stop many dangerous attacks of Vietnam in the early time of the match. Nguyen Tien Linh (Number 22) broke the deadlock to open the score for Vietnam with a powerful header at the 39th minute. Two minutes later, Nguyen Quang Hai (Number 19) scored the second goal from a pass of Nguyen Phong Hong Duy (Number 12) from the left wing. At the 61st minute, Phan Van Duc (Number 20) made the home crowds go wild again with a delicate shoot. His goal … [Read more...] about Vietnam defeat Cambodia 3-0, entering semifinal of 2018 AFF Suzuki Cup
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Vietnam and Cambodia trimmed health spending
While most of the emerging markets in Asia has increased its overall spending on health as a share of GDP since 2000, Cambodia and Vietnam have trimmed their allocations to health, according to ANZ Research on Greater Mekong Economic Outlook. In particular, Cambodia spent almost 6 per cent of its GDP in 2015 on health, down from 7.8 per cent in 2004, while the decline in health spending in Vietnam has been more recent, falling to 5.7 per cent in 2015 from 6.5 per cent in 2012. The decline in health spending in Vietnam was mostly due to the gradual cuts in government subsidies. A policy of socialisation of the health sector has led to allowing treatment fees in hospitals. Over time, hospitals have increasingly diversified their sources of funding, moving from the state to more treatment fees and private payments. Since 2012, Vietnam has been slowly raising the cost of healthcare, easing the burden on the state coffers. The private sector took up the slack as its participation rose to … [Read more...] about Vietnam and Cambodia trimmed health spending
GMS transport projects make Vietnam better connected
Vietnam is the only country in the GMS that has participated in all three economic corridors. They include the north-south corridor that connects Vietnam with China, the east-west to link Thua Thien-Hue province and Da Nang city in the central region with Laos and all the way to Thailand and Myanmar and finally the southern one bridging HCM City with Phnom Penh and Bangkok. According to Vietnamese Deputy Minister of Transport Le Dinh Tho, with financial aid from sponsors, especially the Asian Development Bank (ADB), and concerted efforts, Vietnam has been completing works within these important connectivity corridors. Connecting with China, Vietnam put the Kunming – Lao Cai – Hanoi – Hai Phong expressway into use in December 2015. Notably, the Hanoi – Lao Cai expressway with a total length of 264 km and investment of 1.2 billion USD sourced from the ADB was considered a strategic part of the Kunming – Lao Cai – Hanoi – Hai Phong road corridor … [Read more...] about GMS transport projects make Vietnam better connected
Vietnam, active member of Greater Mekong Sub-region programme
A senior official of the Asian Development Bank has said Vietnam has been an active member of the Greater Mekong Sub-region programme. In an interview granted to Vietnam News Agency’s reporter, ADB’s Director of Regional Cooperation and Operations Coordination Division, Southeast Asia Department, Alfredo Perdiguero,further said that the Vietnam has been leading many initiatives and participated actively in every sector that the programme is implemented. He also spoke highly of the Vietnamese government’s efforts to host the 6th Greater Mekong Summit, which will take place in Hanoi from March 29-31, including the first-ever GMS Business Forum. The official also revealed that the Greater Mekong Sub-region is expected to receive 66 billion USD in investment to strengthen regional economic cooperation in the next five years. The GMS cooperation was launched in 1992 as an initiative of the ADB. The GMS Cooperation Programme is the most complete cooperation programme … [Read more...] about Vietnam, active member of Greater Mekong Sub-region programme
Vietnam chairs GMS-6, CLV-10 Summits from March 29-31
Deputy Foreign Minister Dang Dinh Quy (Source: VNA) Hanoi (VNA) – Vietnam will organize the sixth Greater Mekong Subregion (GMS-6) Summit and the 10th Cambodia-Laos-Vietnam (CLV-10) Development Triangle Summit in Hanoi from March 29-31. The information was announced by the Foreign Ministry. The sixth Greater Mekong Subregion (GMS-6) Summit and the 10th Cambodia-Laos-Vietnam (CLV-10) Development Triangle Summit are among the most important multilateral external events to be hosted by Vietnam in 2018. Deputy Foreign Minister Dang Dinh Quy stressed at a press conference on March 15 that the summits will feature the relations between Vietnam and its neighbouring countries. Themed “Leveraging 25 years of cooperation, Building an integrated, sustainable and prosperous GMS”, the GMS-6 is expected to draw about 2,000 delegates and 150 reporters. It aims to celebrate the 25th founding anniversary of the GMS Programme and define cooperation orientations to build a region … [Read more...] about Vietnam chairs GMS-6, CLV-10 Summits from March 29-31